How Lincoln Might Fix Our Economic Mess: "Mr. Striner is Professor of History at Washington College and the author of Father Abraham: Lincoln’s Relentless Struggle to End Slavery (Oxford, 2006). He has written on economic issues for the Washington Post.
���� As America grapples with the worst economic chain-reaction since 1929 —— and as President-Elect Obama takes time to consider more closely the methods of Abraham Lincoln —— it is time to reconsider a monetary method that Lincoln and the Civil War Republicans used, a monetary method that America’s leading economists attempted to revive in the 1930s.� It’s a method that could work right now, but with a critical revision to adapt it to the methods and techniques of the Federal Reserve."
9 years ago
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